CEO of EBOS Group Limited, parent company of Chemmart, Patrick Davies said, "This merger is about capitalising on those strengths and continuing to develop a competitive and sustainable offering for all pharmacy owners in the group while also significantly increasing our ability to meet the evolving needs of our customers.”

The franchise management company will be renamed to reflect the multiple brands that will now be in the group.

However the stores themselves will still be owned by individual pharmacists who are the franchisees.